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Sunday, December 22, 2024

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Afreximbank provides $400m to the Export Trading Group to drive agricultural productivity and resilience

Three-year revolving global credit facility will strengthen African agricultural networks and bolster the continent’s food security Cairo, 26 August 2020: – The African Export-Import Bank (Afreximbank), Africa’s...

Ibeju Lekki Youths Benefit from Dangote Refinery Vocational Training

Many indigent youths in Ibeju-Lekki area of Lagos State are now counting their fortunes and reaping the benefits from the first batch of the...

NNPC Rakes in S378.42m in June

The Nigerian National Petroleum Corporation (NNPC) has announced a total crude oil and gas export receipt of $378.42million in June 2020 as against $133.16million...

Nigeria’s Economy Slips into Negative Growth

The National Bureau of Statistics (NBS) Monday released Nigeria's Q2-20 GDP figure, showing that the economy contracted, with real GDP printing -6.10% y/y (vs....

Lagos Partners FMDQ, Others on Capacity Building Roundtable for Sustainable Finance

 Following the successful launch of the Financial Centre for Sustainability (“FC4S”) Lagos, an initiative set on inspiring a greener Nigeria through sustainability principles, in collaboration with market...

FMDQ Exchange Records N18.72trn Fixed Income, Currency Turnover in July

FMDQ Exchange said Turnover in the Fixed Income and Currency (“FIC”) markets for the month ended July29, 2020 on its platform was ₦18.72 trn, This indicates a...

Naira Sliding to N550/$1, Goldman Sachs Predicts

A leading global investment banking firm – Goldman Sachs Group – has predicted that a significant devaluation of the naira is expected within the next 12...

NSE: Turnover Rises by 86.97 Per Cent

Other Indices Down 0.15 Per Cent The volume of shares traded on the Nigerian Stock Exchange (NSE) on Friday rose by 86.97 per cent, just as the market...

Oil Prices Rise Amid Cautious Hopes for Fuel Demand Recovery

Oil prices advanced on Friday and were heading for the second week of gains amid growing confidence that demand for fuel is starting to pick up. This...

President Buhari inaugurates 17-storey NCDMB building, vows to spend more on infrastructure for Job creation

President Muhammadu Buhari on Thursday in Abuja vowed to spend more on infrastructure across the nation, concentrating on completing projects conveyed by local contractors...

Nigeria’s Unemployment Rate Rises to 27.1% – NBS

Nigeria’s unemployment rate rose to 27.1% in the second quarter of 2020, the National Bureau of Statistics said on Friday. The report comes several quarters after the statistics bureau...

Smile Unveils New SMILEVoLTE Smartphone

Ever reinforcing its pacesetting streak with innovative products and enhanced service offerings, Smile Nigeria, who introduced the first Voice over Long Term Evolution (VoLTE) on its network...

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